Turn-Key Commercial Property Near
607 N Old Temple Road Hewitt, TX 76643
For Sale
$689,000
High-visibility commercial property with flexible zoning and room to grow.
Property Size1,900 SF
Price / SF$362.63
Days on Market100
Property Features for 607 N Old Temple Road
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Commercial
Building Details
Year Built
1970
Listing Agency:
Bosque Real Estate Inc
(254) 694-5374
Listed By:
Alan Nisbet · License #0544223
(254) 707-0989
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 30 at 6:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bosque Real Estate Inc
Investment Insights
Based on property information with market context.
This commercial property, formerly a convenience store and café, is located near I-35 in Hewitt, TX. The property offers exposure, access, and traffic. The building is approximately 1,900 sq. ft. and is zoned C-1 Commercial. The site includes four total lots, with two corner lots fronting the intersection for business use and two rear lots on Western Way suitable for expansion or potential residential use. A fuel pump canopy is in place, and underground fuel tanks remain on site and were recently inspected. The property features a prime high-traffic corner location. Interior features include a recently installed 7-door walk-in cooler with shelving, a POS counter and register area, and a fully equipped kitchen. The kitchen includes a 4-ft commercial grill, fryer, refrigerated prep counter, display warmer, and a large commercial vent hood. There is also a dining area with 15 tables and 48 chairs. The property is suited for a range of retail or food service uses, such as reopening a convenience store or starting a café or food concept.
Key Highlights
- Prime high‑traffic corner location near I‑35 with excellent visibility
- Turn‑key commercial property equipped for retail or food service
- Includes a recently installed 7‑door walk‑in cooler and fully equipped kitchen
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.4k | $24.96 |
| − Vacancy | −$2.1k | −$1.12 |
| EGI | $45.3k | $23.84 |
| − OpEx | −$11.3k | −$5.96 |
| NOI | $34.0k | $17.88 |
1,900 SF · lease $24.96/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$485.2K
$424.6K – $566.1K
NOI $33,967 @ 7.0% cap · market cap 4.93%
Second Best
Retail
$367.7K
$321.7K – $428.9K
NOI $25,736 @ 7.0% cap · market cap 3.74%
Theoretical Best
Multifamily LT 5
$23.67M
$20.71M – $27.61M
NOI $1,656,855 @ 7.0% cap · market cap 240.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - High-visibility commercial property with flexible zoning and room to grow.
Where is this grocery and convenience store located?
The property is located at 607 N Old Temple Road Hewitt, TX.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Prime high‑traffic corner location near I‑35 with excellent visibility; Turn‑key commercial property equipped for retail or food service; Includes a recently installed 7‑door walk‑in cooler and fully equipped kitchen
